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After school, Katie goes to the local convenience store and buys a large bag of gummy bears. She hands $2 to the clerk and goes

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After school, Katie goes to the local convenience store and buys a large bag of gummy bears. She hands $2 to the clerk and goes off to enjoy her snack. Consider the circular flow diagram. In this example, O The outer flow moves from Katie to the store in the market for goods and services. O Katie is a seller in the market for goods and services. O The inner flow moves from Katie to the store in the market for factors of production. O Katie is a factor of production

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